Decision Maker: Deputy Chief Executive (Corporate Services)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
The approach / decision taken is in line with
the Council's Procurement Procedure Rules
The Council's banking contract was for an
initial period of 3 years with the option to extend for a further 2
years. The service has been provided satisfactorily and market
conditions have not significantly changed so the cost of extending
the contract is still considered to provide value for money. The
option to extend for a two year period has therefore been
exercised.
Publication date: 03/11/2017
Date of decision: 03/11/2017